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Posted Date: Tuesday, April 23, 2024
Two longtime title leaders have established Tower Abstract Services, a new title business in New York City that will offer closings nationwide.
Tower Abstract co-founder Jason Gordon sat down with The Title Report to detail what led up to the move and what goes in to ensuring a new business hits the ground running.
Read on to find out more information.
Industry News
Posted Date: Tuesday, April 23, 2024
Title technology provider CloseSimple has launched an integrated eSigning platform specifically designed for the title industry.
eSigning continues to be a growing practice in the real estate transaction, and adoption of eSignatures has leaped globally by nearly tenfold over the past five years, according to CloseSimple.
Read on to find out more details about the new platform.
Industry News
Posted Date: Tuesday, April 23, 2024
Homebuilder and title insurance provider D.R. Horton reported solid results in its earnings report for the second quarter of its fiscal 2024.
Net income attributable to D.R. Horton in the second quarter increased 24 percent to $1.2 billion compared with $942.2 million in the same quarter of fiscal 2023.
Read on to find out more information.
Industry News
Posted Date: Friday, April 19, 2024
CertifID will provide an exclusive package for Old Republic Title offering unlimited payoff verifications for title agents, the companies announced.
Mortgage payoffs have become the largest source of loss for title and real estate law firms due to their large transaction size at roughly $247,000 in median loss.
Read on to find out more information.
Industry News
Posted Date: Friday, April 19, 2024
The CATIC Family of Companies has published its annual inclusion report, highlighting company diversity, equity and inclusion initiatives as well as progress in regard to company demographics.
In 2020, the company implemented “The Initiative,” which continues to be primarily focused on increasing access to homeownership for underrepresented groups, particularly Black, indigenous and people of color.
Read on to learn more.
Industry News
Posted Date: Friday, April 19, 2024
Latest reporting from the U.S. Federal Reserve’s Beige Book shows moderate economic activity expansion as well as “cautious optimism” among respondents.
Ten out of 12 districts experienced either slight or modest economic growth — up from eight in the previous report – while the other two reported no changes in activity.
Read on to find out more information.
Industry News
Posted Date: Wednesday, April 17, 2024
Arizona-based Standard Title & Escrow is adding a new office to its expanding footprint, with leaders citing increased demand for services across the state.
The new Phoenix office will offer a range of services, including real estate title insurance, escrow and closing services, and guidance to help clients navigate the complexities of real estate transactions.
Read on to find out more.
Industry News
Posted Date: Wednesday, April 17, 2024
The 2024 National Settlement Services Summit (NS3) will welcome Jonathan Holfinger, CEO, Northwest Title and Northwest Law; Jennifer Mason, CEO, TitleWise Technologies, Inc.; and Tori Shinohara, partner, Mayer Brown, for a session titled “AI 360.”
Attendees will learn how artificial intelligence is being applied today, regulations around its use and how to overcome roadblocks.
Read on to learn more.
Conference Coverage, Industry News
Posted Date: Wednesday, April 17, 2024
The latest data from the National Federation of Independent Business shows small-business optimism at its lowest level in more than 10 years.
March was the 27th consecutive month the group’s Small Business Optimism Index was below the 50-year average of 98. The net share of owners raising average selling prices rose 7 points from February to a net 28 percent seasonally adjusted.
Read on to find out more information.
Industry News
Posted Date: Tuesday, April 16, 2024
The Title Report is on the ground at the 2024 Association for Title Information Management (ATIM) conference, with discussions set to touch on artificial intelligence, mergers and acquisitions and much more.
We’re looking forward to taking in these nuanced discussions and talking one-one-one with industry experts. Be sure to follow The Title Report on X/Twitter @TheTitle Report for live updates.
Read on to find out more.
Conference Coverage, Industry News